The BJP leadership believes these parties are flexing their muscles in the run-up to the Lok Sabha polls for better seat-sharing deals.
This move will enable it to incur higher-than-mandated borrowing, and possibly spending, till the 2024 Lok Sabha election cycle.
This will encompass the sale of Air India, a number of other privatisation initiatives, mergers, initial public offerings, the Centre's two exchange-traded funds, buybacks and offers-for-sale, and even monetisation of land assets.
Yechury has dropped enough hints that a fight is in the offing at the Hyderabad conclave in April, where any member may move an amendment to the draft on the party's electoral line. Archis Mohan reports.
Accounting for the first Advance Estimates for 2017-18, an additional planned borrowing of Rs 200 billion, the fiscal deficit could come in at 3.35 per cent of GDP.
Budget forces last minute change in finance minister's plans.
'If you consider only demonetisation and GST as my government's work, it will be a big injustice to me.'
There have been demands from a section of stakeholders that the long-term capital gains tax on equities be reimposed.
Prime Minister Narendra Modi will be reciprocating the reception he received from the Israeli PM during his visit last July, report Archis Mohan & PTI.
Economists want the government to focus on jobs, farms, and fiscal consolidation. They also favour re-imposition of the long-term capital gains tax on listed securities and mutual funds.
Naveen Patnaik's guest list has been prepared with an eye on the forthcoming Lok Sabha and assembly polls, reports Archis Mohan.
The government had breached its fiscal deficit target given in the Budget for 2017-18 in November itself, touching 112 per cent of the limit.
The total quantum of non-performing assets in the Indian banking system increased to Rs 7.33 trillion as of June 2017, from Rs 2.75 trillion in March 2015.
The extra borrowing implies Jaitley will have extra spending space in the Union Budget for FY19, the last full one before the 2019 general election
The Trinamool Congress and Nationalist Congress Party, have indicated that their party chiefs have better credentials for the post than the newly-elected Congress head, reports Archis Mohan
The economists who signed the letter included Jean Drze , Abhijit Banerjee, Ajit Ranade, Jayati Ghosh, Kirit Parikh, Mihir Shah, Rohini Pande, and Vijay Joshi
BJP's reversals in rural Gujarat has prompted many policy watchers to predict that the Budget would have incentives for the agriculture sector and the rural economy.
The Rahul-led campaign not only recorded its best assembly performance in the state since 1995, but also matched the BJP blow for blow in planning and execution.
The Centre is grappling with the question of its fiscal roadmap not only for this year but for 2018-19
The party's research department is quietly collecting data, facts and figures to puncture the Modi government's claims on the note ban, the goods and services tax, and the economic growth.
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